Amid a declining crypto market, DeeStream’s presale emerges as a beacon of opportunity, attracting holders of cryptocurrencies like Algorand and Ethereum. Recent predictions signal a bearish sentiment for Algorand, with forecasts indicating a potential drop in its price. Meanwhile, Ethereum, amidst market turmoil, showcases the confidence of whales, with notable accumulation and withdrawal moves observed during the recent price drop.
As investors navigate the uncertainties of the crypto market, DeeStream’s presale presents an alternative investment avenue promising up to 100X returns. The decentralized DeeStream streaming platform offers a unique model, redistributing 50% of revenue to presale token holders and charging streamers a percentage of subscription revenue.
Algorand Price Predictions Signal Bearish Sentiment
Recent Algorand price predictions paint a bearish picture for the cryptocurrency, with forecasts suggesting a potential drop of -9.72% to reach $0.167 by May 15, 2024. Technical indicators currently indicate a bearish sentiment, with Algorand recording 13 out of 30 green days over the last month, reflecting a price volatility of 10.24%. Given the current forecast, analysts consider it a less favorable time to buy Algorand.
Despite the bearish sentiment in the short term, there’s optimism for potential long-term growth for Algorand. Price predictions for 2030 range from $0.079 on the lower end to $0.572 on the higher end, suggesting a potential gain of 207.44% if Algorand achieves its upper price target by 2030. While the current market sentiment may be bearish, investors are advised to consider Algorand’s long-term potential and monitor market trends closely.
Ethereum: Whale Confidence Amid Market Turmoil
As global tensions rose, the cryptocurrency market faced a significant downturn, with the TOTAL index dropping by a whopping 17% over the weekend. That led to a loss of around $430 billion in market value, affecting all digital assets, including Ethereum, which saw an 18.43% decline, reaching $2,852 per Ethereum. Despite the market chaos, some big players in the crypto world, known as “whales,” showed strong belief in Ethereum’s potential.
These whales made notable moves during the price drop, with one address, “0xE34,” seizing the opportunity to accumulate 1,000 ETH, worth about $3.15 million, at the lowest point. Another significant player, associated with Matrixport, withdrew a whopping 16,300 ETH, valued at $51.1 million, from Binance during the market turmoil. This wallet has been steadily accumulating Ethereum since March 29, now holding a total of 67,286 ETH.
DeeStream’s Presale Attracts More Crypto Holders
DeeStream is changing the way people watch and create content online. It’s the first decentralized streaming platform that connects content creators directly with their fans worldwide. The platform redistributes 50% of revenue from sponsored advertising and platform fees to presale token holders. Additionally, streamers are charged a percentage of revenue from subscriptions, ranging from 2% to 10%.
Currently, in Stage 2, DeeStream’s presale offers DST tokens at a price of $0.06. With over 17,000 registered users and more than 3,200 investors already on board, the presale consists of a total of 6 stages. With team tokens locked for 1,000 days and liquidity locked for life, DeeStream prioritizes security and transparency, offering investors a chance to participate in a promising venture at an early stage.
Find out more about the DeeStream presale by visiting the website here.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.